High Demand for 'Giant Baby ETF' as Foreign Investors Buy 173,000 Shares

Reported 7 months ago

FTNN News reported that the fundraising amount for the Yuan Da Taiwan Value High Yield ETF (00940) has surged past 175.2 billion NT dollars. Despite not returning to its 10 NT dollar issuance price since listing on April 1st, the ETF hit a new high at 9.97 NT dollars. Foreign investors have bought 173,000 shares in six consecutive transactions, while proprietary traders purchased 75,000 shares in four transactions. The ETF, highly popular since its establishment, had over a million shareholders at one point which has now decreased to 983,200 as of June 7.

Source: YAHOO

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